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Global Mainframe Industry Market Dynamics & Strategic Insights 2021-2030
A mainframe is a large-sized computer with the ability to store bulk data, processing power, and a higher level of reliability. A mainframe is designed with the ability to replace hundreds of servers. A mainframe is used to host multiple operating systems. It plays a significant function in providing safety and security to data and their services that are critical for large organizations and governments. Mainframes have wide applications including credit card verification systems, airline ticketing systems, stock market, and others.
Global Mainframe Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Z systems, GS Series and Others), Industry Vertical (BFSI, IT & Telecom, Government & Public Sector, Retail, Travel & Transportation, Manufacturing, and Others), and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Mainframe Market wаѕ vаluеd аt UЅD 3,152.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 4.7% frоm 2021 tо 2030.
The report on Global Mainframe Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Mainframe Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Mainframe Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Mainframe Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Mainframe Market.
Market Dynamics:
The rising adoption of Internet of Things (IoT) applications and devices in several end-use industries such as BFSI and retail, and the growing use of efficient mainframe solutions to manage a high volume of data generated is expected to drive the growth of the global market. Moreover, increasing demand for mainframe due to handling high volumes of data processing and has significant memory for processing numerous computing tasks with larger storage capacity is a factor expected to drive the growth of the global market. Furthermore, the mainframe has high-speed processing capabilities, and handling multiple terabytes of data is projected to fuel the growth of the global mainframe market. Thus, the rising need for high processing computing power is driving the overall mainframe market across the globe.
However, the high cost of installation of mainframes is a factor projected to hamper the global mainframe market. Also, a lack of skilled professionals for operating mainframes can hamper the market growth of the global mainframe market over the forecast period.
Furthermore, the on-going mainframe modernization and the integration of blockchain in the mainframe are factors expected to create growth opportunities for the mainframe market in the near future.
Segmental Analysis:
Among the type segments, the Z systems segment is accounted for a major revenue share and is expected to maintain its dominance in the global market, due to the rising adoption of IBM solutions among various end-user.
Among the industry vertical segments, the BFSI segment is projected to register the highest CAGR in the global mainframe market during the forecast period. This is attributed to the significant adoption of mainframe solutions among the banking industry to increase financial transaction workloads across the globe. The retail segment is expected to grow at the highest rate in the global mainframe market, owing to the ongoing trend of digitalization of the retail industry and growth in need to provide the in-store experience which augments the need for mainframe solutions.
Regional Analysis:
North America mainframe market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global mainframe market. This is attributed to the growing demand for mainframe solutions in various industry verticals such as BFSI, Retail, etc, which is a key factor expected to support the growth of the market in the region during the forecast period. Asia Pacific mainframe market is expected to accounts for the highest growth rate in the global mainframe market, due to rising IT spending among governments and financial organizations in developing economies such as India, China, Japan, and South Korea.
Global Mainframe Market Segmentation:
Segmentation by Type:
• Z systems
• GS Series
• Others
Segmentation by Industry Vertical:
• BFSI
• IT & Telecom
• Government & Public Sector
• Retail
• Travel & Transportation
• Manufacturing
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
BMC Software Inc
Dell Inc
FUJITSU
Hitachi Vantara Corporation
IBM
Atos SE
Broadcom (CA Technologies)
Cognizant
DXC Technology Company
HCL Technologies Limited
Infosys Limited
Global Mainframe Market іѕ ѕеgmеntеd on the bаѕіѕ оf Type (Z systems, GS Series and Others), Industry Vertical (BFSI, IT & Telecom, Government & Public Sector, Retail, Travel & Transportation, Manufacturing, and Others), and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Mainframe Market wаѕ vаluеd аt UЅD 3,152.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 4.7% frоm 2021 tо 2030.
The report on Global Mainframe Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Mainframe Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Mainframe Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Mainframe Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Mainframe Market.
Market Dynamics:
The rising adoption of Internet of Things (IoT) applications and devices in several end-use industries such as BFSI and retail, and the growing use of efficient mainframe solutions to manage a high volume of data generated is expected to drive the growth of the global market. Moreover, increasing demand for mainframe due to handling high volumes of data processing and has significant memory for processing numerous computing tasks with larger storage capacity is a factor expected to drive the growth of the global market. Furthermore, the mainframe has high-speed processing capabilities, and handling multiple terabytes of data is projected to fuel the growth of the global mainframe market. Thus, the rising need for high processing computing power is driving the overall mainframe market across the globe.
However, the high cost of installation of mainframes is a factor projected to hamper the global mainframe market. Also, a lack of skilled professionals for operating mainframes can hamper the market growth of the global mainframe market over the forecast period.
Furthermore, the on-going mainframe modernization and the integration of blockchain in the mainframe are factors expected to create growth opportunities for the mainframe market in the near future.
Segmental Analysis:
Among the type segments, the Z systems segment is accounted for a major revenue share and is expected to maintain its dominance in the global market, due to the rising adoption of IBM solutions among various end-user.
Among the industry vertical segments, the BFSI segment is projected to register the highest CAGR in the global mainframe market during the forecast period. This is attributed to the significant adoption of mainframe solutions among the banking industry to increase financial transaction workloads across the globe. The retail segment is expected to grow at the highest rate in the global mainframe market, owing to the ongoing trend of digitalization of the retail industry and growth in need to provide the in-store experience which augments the need for mainframe solutions.
Regional Analysis:
North America mainframe market is expected to account for major revenue share and is expected to register faster growth in terms of revenue in the global mainframe market. This is attributed to the growing demand for mainframe solutions in various industry verticals such as BFSI, Retail, etc, which is a key factor expected to support the growth of the market in the region during the forecast period. Asia Pacific mainframe market is expected to accounts for the highest growth rate in the global mainframe market, due to rising IT spending among governments and financial organizations in developing economies such as India, China, Japan, and South Korea.
Global Mainframe Market Segmentation:
Segmentation by Type:
• Z systems
• GS Series
• Others
Segmentation by Industry Vertical:
• BFSI
• IT & Telecom
• Government & Public Sector
• Retail
• Travel & Transportation
• Manufacturing
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
BMC Software Inc
Dell Inc
FUJITSU
Hitachi Vantara Corporation
IBM
Atos SE
Broadcom (CA Technologies)
Cognizant
DXC Technology Company
HCL Technologies Limited
Infosys Limited
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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